IHERNG PODCAST

DON'T CHEAT FOR A BANK LOAN YOU CANNOT AFFORD TO PAY BACK


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This video comes from a part of me that is very concerned with all the emails regarding youth not being able to make ends meet, or even struggling to live just because they invested in a property that turned sour.  

There are several trick that people use to deceive the system in getting the approval for their bank loan. However, it's only because your signature on the SPA document is what matters the most. The property agent, developer, banker, financial institution, property guru and etc all will get their cut after you sign on the papers.  

These youth are sold with the dream that they are on their way to make a fortune. Instagram profiles are instantly updated to include 'property investor' that sounds super cool. Unfortunately these last till the day they receive the keys to their reality.  When the investment is not up to their expectation, they are now blaming the banks, agents, property speakers and etc for their losses. And today I'm trying to encourage the rest of us to learn from this.  

The aim of this channel is to encourage people to take calculated risk, and to make informed decisions. So, please share this to your relative and friends who needs to hear this.

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IHERNG PODCASTBy Sean Tan